An Entity of Type: person, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Dixit–Stiglitz model is a model of monopolistic competition developed by Avinash Dixit and Joseph Stiglitz (1977). It has been used in many fields of economics including macroeconomics, economic geography and international trade theory. The model formalises consumers' preferences for product variety by using a CES function. Previous attempts to provide a model that accounted for variety preference (such as Harold Hotelling's location model) were indirect and failed to provide an easily interpretable and usable form for further study. In the Dixit-Stiglitz model, variety preference is inherent within the assumption of monotonic preferences because a consumer with such preferences prefers to have an average of any two bundles of goods as opposed to extremes.

Property Value
dbo:abstract
  • Dixit–Stiglitz model is a model of monopolistic competition developed by Avinash Dixit and Joseph Stiglitz (1977). It has been used in many fields of economics including macroeconomics, economic geography and international trade theory. The model formalises consumers' preferences for product variety by using a CES function. Previous attempts to provide a model that accounted for variety preference (such as Harold Hotelling's location model) were indirect and failed to provide an easily interpretable and usable form for further study. In the Dixit-Stiglitz model, variety preference is inherent within the assumption of monotonic preferences because a consumer with such preferences prefers to have an average of any two bundles of goods as opposed to extremes. (en)
  • Модель Диксита—Стиглица—Кругмана — макроэкономическая модель образования агломераций в условиях монополистической конкуренции и экономии от масштаба, являющаяся базисной для и созданная экономистами Авинашем Дикситом, Джозефом Стиглицем и Полом Кругманом. (ru)
dbo:wikiPageExternalLink
dbo:wikiPageID
  • 48195477 (xsd:integer)
dbo:wikiPageLength
  • 5236 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1094970285 (xsd:integer)
dbo:wikiPageWikiLink
dbp:wikiPageUsesTemplate
dcterms:subject
gold:hypernym
rdf:type
rdfs:comment
  • Dixit–Stiglitz model is a model of monopolistic competition developed by Avinash Dixit and Joseph Stiglitz (1977). It has been used in many fields of economics including macroeconomics, economic geography and international trade theory. The model formalises consumers' preferences for product variety by using a CES function. Previous attempts to provide a model that accounted for variety preference (such as Harold Hotelling's location model) were indirect and failed to provide an easily interpretable and usable form for further study. In the Dixit-Stiglitz model, variety preference is inherent within the assumption of monotonic preferences because a consumer with such preferences prefers to have an average of any two bundles of goods as opposed to extremes. (en)
  • Модель Диксита—Стиглица—Кругмана — макроэкономическая модель образования агломераций в условиях монополистической конкуренции и экономии от масштаба, являющаяся базисной для и созданная экономистами Авинашем Дикситом, Джозефом Стиглицем и Полом Кругманом. (ru)
rdfs:label
  • Dixit–Stiglitz model (en)
  • Модель Диксита — Стиглица — Кругмана (ru)
owl:sameAs
prov:wasDerivedFrom
foaf:isPrimaryTopicOf
is dbo:wikiPageDisambiguates of
is dbo:wikiPageRedirects of
is dbo:wikiPageWikiLink of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License